First Trust Advisors LP Buys New Position in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM)

First Trust Advisors LP purchased a new stake in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 11,182 shares of the company’s stock, valued at approximately $429,000.

Several other large investors also recently made changes to their positions in SPEM. Global Endowment Management LP acquired a new position in shares of SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at $738,000. Greenwood Gearhart Inc. purchased a new position in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth approximately $1,961,000. MSH Capital Advisors LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter valued at $208,000. NewEdge Advisors LLC lifted its stake in SPDR Portfolio Emerging Markets ETF by 22.8% in the 4th quarter. NewEdge Advisors LLC now owns 713,240 shares of the company’s stock worth $27,367,000 after acquiring an additional 132,298 shares in the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC acquired a new stake in SPDR Portfolio Emerging Markets ETF during the 4th quarter worth about $2,831,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM opened at $40.37 on Friday. The company has a market capitalization of $11.08 billion, a PE ratio of 14.73 and a beta of 0.56. The company’s 50 day moving average price is $38.93 and its 200 day moving average price is $39.20. SPDR Portfolio Emerging Markets ETF has a 52 week low of $34.38 and a 52 week high of $42.88.

SPDR Portfolio Emerging Markets ETF Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.